What's This? Tax Relief For Aircraft Owners? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Mon, Mar 22, 2004

What's This? Tax Relief For Aircraft Owners?

South Carolina County Gives 'Em A Break

Well, it's not much of a break, but every little bit helps, right?

The Horry County (SC) Council last week voted to cut taxes on general aviation aircraft, dropping the assessment ratio from 10.5 percent to four percent. While the former rate generated about $20,000 a year for the county, the new tax will only generate about $7,000.

While the measure passed, it did face stiff and lingering opposition from a couple of council members. Councilmen Marion Foxworth and Mike Ryan voted against the change. "This is nothing more than a rather large tax cut for a rather small group of people," Foxworth said, as quoted by the Myrtle Beach Sun-News.

But other council members said the change was vital because aircraft owners were voting with their wings and moving their planes out of the county. Right now, about 146 people have registered general aviation aircraft in Horry County.

FMI: www.horrycounty.org

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC